NEW IMPACT (EIN 844671011) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

JENS MOLBAK

Phone

4253985103

Tax Period

2024-01-01 to 2024-12-31

NEW IMPACT, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $247K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

NEWIMPACT IS A SEATTLE-BASED, HUMANITY-BENEFIT NONPROFIT (501C3) DEDICATED TO CHANGING THE WAY THE WORLD FINDS OPPORTUNITIES AND SOLVES PROBLEMS. BY FORGING A TRI-SECTOR MINDSET, WE AIM TO CATALYZE AND SCALE INNOVATION BY LEVERAGING EXISTING RESOURCES FROM AND ALIGNING INTERESTS OF THE PRIVATE, SOCIAL, AND PUBLIC SECTORS, IN ORDER TO ACHIEVE PROGRESS THAT BENEFITS PEOPLE AND THE PLANET. OUR CURRENT SYSTEMS FOR CHANGE ARE SLOW-MOVING, HEAVILY SILOED, AND INEFFICIENT. OUR SOLUTIONS ARE DESIGNED TO BE SCALABLE AND SELF-SUSTAINING, AND WE BELIEVE IN FULL TRANSPARENCY WHEN IT COMES TO SHARING OUR TOOLS, RESEARCH, AND FINDINGS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $216,000

Program Service Revenue $30,500

Investment Income $0

Other Revenue $760

TOTAL REVENUE $247,260

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,955

Fundraising Expenses $0

Program Expenses $42,820

Other Expenses $85,517

TOTAL EXPENSES $266,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,260	$314,007	-0.2%
Expenses	$266,472	$313,204	-0.1%
Net Income	$-19,212	$803	-24.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENS MOLBAK	DIRECTOR & PRESIDENT	40.00	Officer Director	$0	$0	$0
JON DIAMOND	DIRECTOR & VICE PRESIDENT	0.80	Officer Director	$0	$0	$0
ROBERT LILLENESS	DIRECTOR, SECRETARY & TREASURER	0.80	Officer Director	$0	$0	$0
ELISABETH R ROBERTS	SENIOR PRODUCT MANAGER	40.00	Highest	$140,400	$0	$140,400

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$247,260	$266,472	$25,531	$-19,212
2023	$314,007	$313,204	$39,527	$803
2022	$1,153,682	$923,432	$57,470	$230,250
2021	$765,355	$981,276	$133,413	$-215,921
2020	$388,079	$377,240	$11,765	$10,839

NEW IMPACT